Swagelok Enterprises is a manufacturer of

Chapter 7, Problem 7.15

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Swagelok Enterprises is a manufacturer of miniaturefittings and valves. Over a 5-year period, thecosts associated with one product line were as follows:first cost of $30,000 and annual costs of$18,000. Annual revenue was $27,000 and theused equipment was salvaged for $4000. What rateof return did the company make on this product?

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